Tag Archive for Survey Samples

Unemployment Claims Data and Economists’ Exploding Brain Syndrome

With the mainstream media reporting the seasonally adjusted first time unemployment claims down by 6,000 it’s time for a reminder that this number is fake, and may or may not give an accurate representation of the trend. If it does, it’s purely a coincidence. Economists and financial journos are in love with the seasonally manipulated…

Theoretical Seeds of A Housing Bottom- Professional Edition

Purchase mortgage applications fell back to near their recent lows last week, reversing the surge from the previous week. That was caused by the FHA’s new, tougher requirements on credit scores and down payments. The week before last was the deadline for deadbeats to get in under the old easy money game rules. That blip…